I’m still not 100% sure if it was a good idea or not. We had sales and they ended up being higher than expected. Let me summarise the idea, the results and the learning. Launching a European business on Amazon from scratch has a real cost.
Sharing the risk
Setting up not only the logistics but also singapore whatsapp number data the tax structure to be able to work with Pan-Eu and have the products in all of Amazon’s European warehouses is a significant risk if you do not yet have sales data for your products.
So the proposal to one of our clients was this: We sell your products through our accounts. You can use our infrastructure. We charge you for the agency services for this. In exchange, we buy your product from you, even with a profit margin for you. It wasn’t too difficult to convince. We are a partner in this case, which, looking back, takes on almost more risk than the client.
Learning accomplished
This exchange of service and product is when is the regulation on the validity period of paper invoices? not quite working out as we had imagined. Yes, sales are emerging, but they are at a price.
- We have invested in new packaging at our own expense because the old one was poor.
- Vine reviews on average have revealed a few more product shortcomings that we hadn’t paid attention to.
- It is difficult to have a good margin since we have bought the product at too high an price.
In short :
We have not invested enough time to create aero leads a good basis for collaboration. We should have been more demanding on the product level. However, I believe that this model with this client may have a future. It will depend on the upcoming negotiations for the second batch of products.
The seller tool will allow us to operate with Amazon on another level. With the new inverter, the tool will not only be on par with other offerings on the market, but even far superior.
This is what I think about 2024. Everything is still to be decided. What is already clear to me is that it will be a year without comparison.
